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Transcripts For CNBC Squawk Box 20120809



general, andrew. blocking people on twitter, suing people in general. people are made to be sued. i m more excited about the we ve got to talk about this battery company. the chinese battery company. chinese company buying a u.s. battery company. it wasn t before. the obama administration has put a lot of money into this and now who s going to get the technology and the company? this is the latest in a series of things that s very difficult to decide what type of industry you re going to create when it s just not being created by market forces. this is unfortunately what happens. i don t know how much we, taxpayers, have put into it but the chinese are going to end up with a lot of the innovations and kind of step in and save it. classic. in other news this morning, more homes entering foreclosure process in july. lenders are tackling a backlog of mortgages that have gone unpaid. according to realty track, the number of homes hit with an initial notice of ....

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